Bloomsbury to issue shares and cut costs, anticipating sales hit

Bloomsbury is issuing new shares and implementing a raft of cash-saving measures to counter the impact of recent retail closures on its business, which in a "prudent downside scenario" the company estimated could see print revenues fall as much as 75%.  Continue reading at 'The Bookseller'

[ The Bookseller | 2020-04-17 01:14:48 UTC ]
News tagged with: #cut costs #bloomsbury

Other Publishing stories related to: 'Bloomsbury to issue shares and cut costs, anticipating sales hit '

Print Sales Slipped 2.9% in Mid-August

Unit sales of print books dipped 2.9% in the week ended Aug. 13, 2022, from the comparable week last year, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-19 04:00:00 UTC ]
More news stories like this |

DOJ v. PRH: Challenges over Bid Competition, Market Share

As testimony wrapped up prior to closing arguments today, the defense and DOJ once again attacked each other's data analysis and methodology. The DOJ asserted that publisher competition, not imprint competition, is the surest way to lift advances, and that non-Big Five publishers face... Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-19 04:00:00 UTC ]
More news stories like this | News stories tagged with: #market share #data analysis #publishers face

A Former Nickelodeon Star’s Memoir Has Become the Summer’s Big Hit Book. It’s Very Clear Why.

I’m Glad My Mom Died details the abuse the iCarly actor suffered as a child star. Continue reading at Slate

[ Slate | 2022-08-18 20:31:47 UTC ]
More news stories like this | News stories tagged with: #child star #memoir

Print Book Sales Fell 2.9% Last Week

Last week’s sales pattern looked a lot like the previous week: a modest sales decline compared to a year ago, with higher sales of adult fiction and young adult titles offset by lower adult nonfiction and juvenile sales. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-18 04:00:00 UTC ]
More news stories like this | News stories tagged with: #previous week #higher sales #adult fiction

June Bookstore Sales Fell 8.2%

After months of steady increases compared to the pandemic-induced slump in 2021, bookstore sales declined 8.2% in June, falling to $605 million from $659 million a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-17 04:00:00 UTC ]
More news stories like this | News stories tagged with: #bookstore sales

Penguin cuts off Meal Prep King cook after misogynistic rant

Cookbook fans ‘heartbroken’ after John Clark’s derogatory outburst on social mediaThe cookbook author known as the Meal Prep King will no longer be published by Penguin Random House after he posted a misogynistic video on social media.John Clark, whose book The Meal Prep King Plan was a Sunday... Continue reading at The Guardian

[ The Guardian | 2022-08-16 17:55:17 UTC ]
More news stories like this | News stories tagged with: #instagram live #monday night #penguin random house #cookbook

Amazon sale slashes the price of Kindle Kids and Fire Kids tablets

If you have a child in your life who needs a new tablet or e-reader, Amazon has a sale you may want to check out. The company's devices designed for kids are currently being sold at a discount —some are even listed with the lowest prices we've seen for them on the website. You can get Kindle for... Continue reading at Engadget

[ Engadget | 2022-08-16 10:01:53 UTC ]
More news stories like this | News stories tagged with: #two-year warranty #kid-friendly case #internal storage #microsd card #8-inch display #solve puzzles #follow @engadgetdeals #kindle

Amazon sale discounts Kindle e-readers by up to 21 percent

If you've had your eye on one of Amazon's premium e-readers but haven't yet pulled the trigger, today might be the day to do so. As part of a wide-ranging sale across various own-brand Amazon devices, the Kindle Oasis, Kindle Paperwhite Signature Edition and standard Kindle Paperwhite are all... Continue reading at Engadget

[ Engadget | 2022-08-15 08:46:55 UTC ]
More news stories like this | News stories tagged with: #kindle oasis #kindle devices #kindle paperwhite #premium e-readers #good time #wireless charging #automatically adjust #fast charging #all-time lows #buying advice #follow @engadgetdeals #kindle

Barnes & Noble Huge 50% Off Sale

The annual Barnes & Noble sale is underway and offering 50% off some of the most popular books this year. Continue reading at Book Riot

[ Book Riot | 2022-08-12 16:55:39 UTC ]
More news stories like this | News stories tagged with: #popular books

Print Sales Dipped in Early August

A double-digit increase in adult fiction sales and gains in YA were not enough to offset declines in adult nonfiction and the juvenile categories, leading to a 2.1% drop in unit sales of print books in the week ended Aug. 6, 2022. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-12 04:00:00 UTC ]
More news stories like this | News stories tagged with: #early august #offset declines #adult nonfiction #juvenile categories #1% drop #print books

Media Briefing: What Axios’ sale says about the valuation of digital media companies

In this week’s Media Briefing, senior media reporter Sara Guaglione looks at what Axios's sale to Cox Enterprises signals about the current investment market for media companies. The post Media Briefing: What Axios’ sale says about the valuation of digital media companies appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2022-08-11 04:01:00 UTC ]
More news stories like this | News stories tagged with: #media briefing #media companies #digital media

Print Sales Dipped Last Week

A double-digit sales increase in adult fiction sales and higher young adult sales were not enough to offset declines in adult nonfiction and the juvenile categories, leading to a 2.1% dip in print sales last week compared to the week ended August 7, 2021. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-11 04:00:00 UTC ]
More news stories like this | News stories tagged with: #week compared #offset declines #adult nonfiction #juvenile categories #print sales

July Religion Bestsellers: ‘Positive Thinking’ Hits #2; Debby Giusti’s Debut

Norman Vincent Peale, known as the father of positive thinking, takes #2 in Religion Nonfiction with his 60-year-old mega-bestseller, ‘The Power of Positive Thinking;’ Debby Giusti debuts at #2 on our Religion Fiction bestsellers list with her new Christian romance, ‘Soldier Protector.’ Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-10 04:00:00 UTC ]
More news stories like this | News stories tagged with: #positive thinking #hits #2 #takes #2 #religion nonfiction #christian romance

HC Sales Topped $2 Billion in Fiscal 2022

Sales rose 10% at HarperCollins, to $2.19 billion, in the fiscal year ended June 30, 2022, but higher costs limited the increase in profits to 1%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-09 04:00:00 UTC ]
More news stories like this |

Binc Issues Plea for Flood Victims

Binc issued a plea to donors this past weekend, asking them to contribute to the organization to help booksellers affected by flooding after torrential rains hit parts of Missouri and Kentucky. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-08 04:00:00 UTC ]
More news stories like this | News stories tagged with: #flood victims #past weekend #booksellers affected

Print Sales Fell Back Last Week

After a rare week in which sales rose over 2021, unit sales of print books fell 5.9% last week compared to the week ended July 31, 2021. Every segment but adult fiction had a decline. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-04 04:00:00 UTC ]
More news stories like this | News stories tagged with: #week compared #sales rose #adult fiction

Sales, Profits Skyrocket at S&S in Q2

Second quarter sales jumped 34% over last year’s second quarter at Simon & Schuster, and operating income leapt 54%. The strong results followed a first quarter which CEO Jonathan Karp said "defied gravity." Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-04 04:00:00 UTC ]
More news stories like this | News stories tagged with: #simon schuster #strong results

May Sales Were Soft, AAP Reports

In the AAP’s newest StatShot update, May trade sales were mixed and sales of higher educational course materials fell, leading to a 3.7% sales decline compared to May 2021 for the 1,368 publishers that report sales to the association. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-01 04:00:00 UTC ]
More news stories like this | News stories tagged with: #aap reports #trade sales #report sales #higher educational

Print Sales Rose 4.4% in Mid-July

Double-digit gains in the adult fiction and young adult categories led to a 4.4% increase in unit sales of print books in the week ended July 23, 2022, over the comparable week in 2021, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-07-29 04:00:00 UTC ]
More news stories like this | News stories tagged with: #double-digit gains #adult fiction #4% increase #print books

Online Sales Fell 4% at Amazon

Sales in Amazon's online business fell 4% in the second quarter ended June 30, 2022, to $50.8 billion. Analysts attributed the decline to more people shopping in physical stores as well as an overall slowdown in consumer spending. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-07-29 04:00:00 UTC ]
More news stories like this | News stories tagged with: #physical stores #consumer spending